Apple has filed a formal appeal against a €500 million ($587 million) fine imposed by the European Commission, challenging the ruling in Europe’s second-highest court. The penalty, issued earlier this year, accused
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The British pound saw a muted performance on Friday, closing out a week of declines driven by political unease and fiscal policy doubts. Sterling held steady at $1.36, and dipped 0.1% against
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OPEC+ is set to consider increasing oil production at its meeting this Saturday, responding to recent oil price swings following military tensions involving Israel and the United States targeting Iran. The oil-producing
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Republican leaders in the U.S. House of Representatives have pledged to hold a dedicated “Crypto Week” in mid-July to review three major pieces of legislation aimed at shaping the country’s cryptocurrency regulation
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Saudi Arabia’s Public Investment Fund (PIF) reported a 60% decline in net profit for 2024, despite its total assets surpassing the $1 trillion mark. The drop was attributed to rising interest rates,
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Nvidia executives have sold over $1 billion worth of company shares in the past year, with over $500 million of those sales happening in June alone. This wave of selling comes as
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The US dollar rebounded against the euro on Friday after comments from President Donald Trump sparked risk aversion and market uncertainty. Trump announced that trade negotiations with Canada were over and suggested
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Markets and the Federal Reserve are increasingly out of sync over the path of interest rates, partly due to speculation that Fed Chair Jerome Powell will be replaced by someone more dovish.
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JPMorgan analysts are warning that U.S. trade policies may trigger a significant drag on global economic growth and potentially reignite domestic inflation pressures. In their latest mid-year outlook, the bank forecasted a
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Uber Technologies is expanding its partnership with Alphabet’s Waymo to introduce autonomous ride-hailing in Atlanta, Georgia. The move follows a March rollout in Austin, Texas, and marks another major milestone in Uber’s
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